Details

Business transactions are increasingly becoming global and more and more Indian companies are setting up entities overseas or are being owned by foreign entities/non residents. Consequent to this cross border ownership and movement of business, it becomes increasingly possible for an entity to manage business transactions in a manner so as to ensure the group to maximise the profits from the transactions of the group. To provide documentation that there is no tax base erosion during the transaction, transfer pricing study report is undertaken, which are relied up on by the income tax authority